Neodymium magnets can be processed by Nano (Royce3010) chelate thin film coating, which can be used 20 to 30 years in the Marine climate condition, can be widely used in magnetic modules for wind power. Surface bond strength is more than 20 Mpa, can be used widely in the high-speed permanent magnet motor, special motor, electric car motor, ultra-high voltage, high voltage DC power supply system, quick charging system, aerospace defense industry and other fields.

The Neodymium permanent magnet is based on intermetallic compound Nd2Fe14B. The main components are rare earth element neodymium (Nd), iron (Fe), boron (B).

In order to obtain different performance, neodymium can be replaced by dysprosium (Dy), praseodymium (Pr), and other rare-earth metals, iron can also be replaced by cobalt (Co), aluminum (Al) and other metal parts, boron content is smaller, but it plays an important role to form a square crystal structure between the metal compounds, make compounds with high saturation magnetization, high uniaxial anisotropy, and high Curie temperature.

The third generation of rare earth permanent magnet NdFeB is the most powerful permanent magnet in the current generation. Its main raw materials include neodymium 29%-32.5%, iron 63.95-68.65%, boron 1.1-1.2%, adding dysprosium 0.6-8%, niobium 0.3-0.5%, aluminum 0.3-0.5%, copper 0.05-0.15% and other elements.

NdFeB, also known as neodymium magnets, is a tetragonal crystal formed by neodymium, iron, and boron (Nd2Fe14B). Neodymium magnets were discovered in 1982 by Masato Sagawa of Sumitomo special metals. The magnetic energy accumulation (BHmax) of this magnet was greater than that of samarium and cobalt magnets and it was the largest amount of magnetic energy accumulated in the world at that time. Later, Sumitomo developed the powder metallurgy process successfully. General Motors has successfully developed the melt-spinning process, which can prepare neodymium magnets. The magnet is the strongest permanent magnet and the most commonly used rare earth magnet.